This week’s UK tech funding deals include drug discovery platform PhoreMost, “nature-inspired” insecticide group Solasta Bio, online independent food ecommerce service Delli and more.
UKTN tracked £106.5m worth of UK tech investment this week (09 September to 13 September), a 130% week-on-week increase across 12 funding rounds.
Here’s your weekly roundup of UK tech startup funding deals.
PhoreMost – £33m
Sector: Health tech
HQ: Cambridge
Round: Series B
Investors: BGF, XtalPi Inc, Astellas Venture Management, Trend Investment Group, o2h Ventures, Parkwalk Advisors, Morningside Ventures and Jonathan Milner.
Founded in 2014, Phoremost is a drug discovery platform.
Twenty7tec – £16.5m
Sector: Fintech
HQ: Bournemouth
Round: Growth equity VC
Investors: Business Growth Fund
Founded in 2014, Twenty7tec is a platform that streamlines the entire mortgage journey, from initial product search and sourcing through to application submission and completion….
